Do's & Don'ts When Selling A Business (Part 3)
- S2E32
- 23:43
- September 6th 2023
Looking to sell your business but have no idea where to start?
Let Dr Tony Aitchison, a strategic business consultant from Paradealta Strategy, provide you with a roadmap.
We unravel the intricacies of selling different types of businesses - from e-commerce platforms to brick-and-mortar stores, revealing how to structure deals that ensure maximum profit. Dr Tony imparts the wisdom of having a minimum two-year runway to plan your sale, emphasizing the role of professionals like business brokers and accountants in the process.
From ensuring the well-being of your employees during the transition to preparing the key documents required for the sale, we leave no stone unturned.
We address common pitfalls and provide solutions on how to navigate through them.
Also, we shed light on the various options available when leasing buildings and assets.
To wrap up our enlightening discussion, we reflect on Dr. Tony's invaluable insights - your guiding compass in the ever-evolving business landscape. It's time to unlock the secrets of selling your business and truly capitalizing on its value.
Tune in today - you won't want to miss this!
---------- EPISODE CHAPTERS -------------
(0:00:03) - Tips for Selling a Business
Dr Tony Aitchison discusses selling a business, from e-commerce to services-based, and the importance of planning, structuring a deal, and having professionals on board.
(0:13:08) - Tips for Selling Your Business
Business owners are advised on respecting employees, preparing documents, leasing assets, and contacting advisors for selling a business.
(0:22:32) - Sales Wisdom From Dr Tony Acheson
Dr Tony Acheson's expertise has provided insights into selling a business, planning ahead, taking care of employees, and growing and starting a business.
Dr Tony Aitchison Paradelta Strategy Podcast City Radio
Dr Tony Aitchison (MBA) has travelled the world and worked in France, USA, and Australia. Providing business strategy advice, brand equity building services, and new venture development and management to his clients, and within his own ventures.
This has seen him develop a cure for cataract blindness, develop renewable energy sources, develop rechargeable batteries that work as low as -60C, and has accelerated the growth of many businesses.
A strategist and implementer, he leads a team of experienced consultants and has worked in industries such as FMCG, pharmaceuticals, cosmetics, food, financial, chemical, plastics, finance, beverages, wholesale, energy, retail, med tech, not-for-profits, automotive, toys, festivals, technology, allied health, software, insurance, education, law, virtual reality and more.
This global and diverse range of experience provides a dynamic approach to his work that creates unparalleled growth for his clients.